ESOP · DOL Form 5500 · 2024
Cybernet Systems Corporation ESOP
Data updated 2026-08-25
- $1M
- Total assets Small plan by assets
- 41
- Participants Small participant base
- 25th
- Percentile by assets National rank
- $29,784
- Avg per participant Low balance/head
Official DOL plan name: Cybernet Systems Corporation Employee Stock Ownership Plan · Sponsored by Cybernet Systems Corporation · Michigan · Professional & Technical Services
$1M in assets, 41 participants
Cybernet Systems Corporation's Cybernet Systems Corporation Employee Stock Ownership Plan reported $1M in total assets and 41 participants in its 2024 DOL Form 5500 filing, ranking in the 25th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #4,026 in Professional & Technical Services (20,173 peers)
2024 asset change
Cybernet Systems Corporation Employee Stock Ownership Plan declined sharply 21.9% in 2024 ($2M → $1M) for 41 participants.
- #4,026
- in Professional & Technical Services (20,173 peers)
- -21.9%
- assets change YoY
The plan reported a net loss of $342K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Cybernet Systems Corporation Employee Stock Ownership Plan among the smaller filed plans by assets
Cybernet Systems Corporation Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,221,133 25th percentile higher than 25% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Cybernet Systems Corporation Employee Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cybernet Systems Corporation Employee Stock Ownership Plan is a small filing (41 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Cybernet Systems Corporation Employee Stock Ownership Plan reported net income fell from $329K in the plan year 2023 filing to -$342K in the plan year 2024 filing.
- Cybernet Systems Corporation Employee Stock Ownership Plan end-of-year assets fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 430924383 · Cybernet Systems Corporation PY 2024 · ESOP
Cybernet Systems Corporation Employee Stock Ownership Plan · $1M · 41 · 25th
- EIN $1M
- EIN 41
- EIN 25th
- EIN ESOP
- EIN near Etw Employee Stock Ownership Plan
- EIN ind #4026
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Michigan →
Cybernet Systems Corporation Employee Stock Ownership Plan in the asset neighbourhood
Cybernet Systems Corporation years around the 2024 move
Sponsor-wide plan assets over time
All Cybernet Systems Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $1M 1.0983288166946628% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 37 | $1M |
| 2023 | 1 | 41 | $2M |
| 2024 | 1 | 41 | $1M |
2024 asset-move particulars
| Total Assets (Beginning of Year) | $2M |
|---|---|
| Net Assets (End of Year) | $1M |
| Net Income | -$342K |
| Employer EIN | 430924383 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.6B · 1,780
- The Kendall Group Employee Stock Ownership Plan $900M · 1,936
- Project Worldwide, Inc. Employee Stock Ownership Plan $453M · 1,284
- Motor City Electric Co. Employee Stock Ownership Plan $410M · 218
- Lee Contracting, Inc. Employee Stock Ownership Plan $250M · 565
Cybernet Systems Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Michigan, the nearest ESOP by assets is Etw Employee Stock Ownership Plan in AR ($1M); by covered participants it is Custom Dental Management, Inc. Employee Stock Ownership Plan in MO (41 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1M here).
Similar participant headcount
Nearest other-state filings by covered participants (41 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.